Capricorn Metals (ASX:CMM) reported gold production of 30,437 ounces from its Karlawinda gold project (KGP) in Western Australia at an all-in sustaining cost (AISC) of AU$1,648 per ounce in the fiscal fourth quarter ended June 30, according to a Friday filing with the Australian bourse.
The company produced 32,216 ounces of gold at an AISC of AU$1,381 per ounce during the June 2025 quarter, an earlier filing showed.
Gold sales for the quarter were 34,271 ounces at an average realized price of AU$6,267 per ounce, compared with gold sales of 35,821 ounces at an average realized price of AU$5,137 per ounce in the prior corresponding period.
Fiscal year 2026 gold production was 123,589 ounces at an AISC of AU$1,629 per ounce.
The company expects fiscal year 2027 gold production to be 137,000 to 147,000 ounces at an AISC of AU$1,900 to AU$2,100 per ounce, with KGP anticipated to operate broadly at its post-expansion long-term run rate of 150,000 ounces per annum for the final three quarters following commissioning in the first quarter.
The company's shares rose 2% in recent Friday trade.